Companies
Aditya Birla Real Estate Q1 FY27 collections rise 31% to ₹1,400 crore
Collections at Aditya Birla Real Estate Fund rose 31% year-on-year in Q1 FY27, reaching ₹1,400 crore amid sustained demand in premium residential projects.
U.S. data center growth slows amid labor shortages
Construction delays and rising costs risk extending timelines for new facilities as demand from AI and cloud providers surges.
EMA validates Pfizer-Valneva Lyme vaccine application
European regulator accepts joint submission for VLA15 Lyme disease vaccine, clearing next regulatory hurdle.
Western Union wins New York license, California approval pending
Money transfer firm secures state approval in New York but faces regulatory delay in California, impacting expansion plans.
Trump orders U.S. Navy shipbuilding overhaul, new shipyard
Executive action directs modernization of naval shipbuilding infrastructure and construction of a new shipyard, aiming to enhance fleet capacity and industrial base resilience.
Figure’s loan marketplace posts $4.3B in Q2 volume as profit rises
Blockchain-based lender Figure Technologies reported a near-tripling of profit in Q2 alongside $4.3 billion in loan marketplace volume, with Q3 guidance pointing to further growth.
Harmony Biosciences details CNS pipeline at Piper Sandler event
The biopharma firm outlined its central nervous system drug pipeline during a virtual investor symposium hosted by Piper Sandler.
AI financing backstops give compute buyers more business control
New AI financing structures let firms secure compute capacity while aligning costs with revenue models, shifting risk away from traditional capex constraints.
Jefferson Capital Q2 2026 collections rise 18% on auto lending push
Collections at Jefferson Capital surged 18% in the second quarter of 2026, driven by an expanded auto loan recovery strategy. The company reported the increase in preliminary slide deck materials released Wednesday.
OpenAI’s revenue run rate exceeds $40 billion, Bloomberg reports
Revenue surge driven by AI services and enterprise demand, Bloomberg cites people familiar with the matter. Valuation discussions intensify amid growth.
Trump directs U.S. Navy to revert to steam catapults on carriers
Order reverses decades of modernization, citing cost and reliability concerns over electromagnetic launch systems.
Newsmax reports first quarterly profit on affiliate fee growth
Media firm posts Q2 2026 profit after years of losses, driven by rising affiliate revenue. Forecasts maintained despite broader industry challenges.
NCR Voyix signs multi-year retail tech deal with AS Watson
Agreement covers cloud-based point-of-sale, inventory and customer analytics across AS Watson’s global retail network.
U.S. extends Jones Act waiver by 90 days, updates compliance rules
The Biden administration has extended a temporary waiver of the Jones Act for 90 days while introducing revised compliance guidelines for maritime transport in U.S. waters.
Nvidia in talks to invest $3 bln in SB Energy for OpenAI data centers
Chipmaker Nvidia is in advanced talks to invest $3 billion in SB Energy to fund OpenAI data center projects, according to The Information.
Macquarie, Westpac executives to testify in KPMG Australia audit probe
Top executives from Macquarie Group and Westpac are set to appear before an Australian parliamentary inquiry examining KPMG's role in a long-running audit scandal.
Duke Energy restores power to 85% of storm-hit Cincinnati customers
Utility reports progress in recovery efforts following severe weather disruption in Ohio. Full restoration expected within 24-48 hours.
Baltimore sues Kalshi over alleged illegal sports betting via prediction markets
City alleges prediction market platform operated unlicensed sports wagering in violation of state gambling laws; Robinhood, Webull and Coinbase named as partners.
U.S. agency drops Nike subpoena case after compliance
The U.S. Equal Employment Opportunity Commission said Nike fully responded to a subpoena and withdrew its lawsuit alleging bias in hiring practices.
TWFG secures $125 million credit facility, maturity extended to 2031
The credit facility provides liquidity flexibility while reducing near-term refinancing risk for the financial services group.
Mark Walter offered to pledge Guggenheim stake for loans
Billionaire investor proposed using his Guggenheim Partners stake as collateral to secure financing, Bloomberg reports.
AIG introduces parametric cloud outage insurance product
Insurer AIG unveils a first-of-its-kind parametric insurance solution designed to cover financial losses from cloud service disruptions. The product targets enterprises reliant on cloud infrastructure.
Akanda unit finishes 200km fiber network in Mexico
Subsidiary of Akanda completes a 200km fiber-optic network in Mexico, expanding regional connectivity infrastructure.
Firefly Aerospace wins satellite deorbit design review contract
Contract awarded by the U.S. Space Force to develop solutions for satellite end-of-life disposal and debris mitigation.